PacLease Adds 14 New Locations to Serve United States

BELLEVUE, Wash., December 2, 2008 –- After seeing the number of its locations double in four years, PACCAR Leasing Company continues its rapid expansion with the announcement of 14 independently owned additional locations throughout the United States.

“The addition of these locations in California, Connecticut, Illinois, Louisiana, Oregon, Texas, and Virginia, further enhances the strength of PacLease's growing service network,” said PacLease President Bob Southern. “PacLease offers customers localized service backed by a North American network of franchises. This network is very attractive to national accounts as well as other customers with multiple locations.

“Plus, PacLease can offer companies large and small significant operational advantages through a full range of products and services,” Southern said. “PacLease offers premium Kenworth and Peterbilt trucks that can help companies improve driver retention, lower their operating costs and enhance their image.

“Companies find full-service leasing from PacLease compelling because it allows them to preserve capital and receive maintenance from experienced technicians,” Southern added.

Full-service leasing is particularly appealing as companies consider the vast number of technological changes that have taken place and are about to take place in trucks and truck components, he said.

Customers in a variety of industries and applications can custom spec medium- and heavy-duty trucks — including diesel-electric hybrid equipment through PacLease to match their transportation needs, according to Southern. They can also improve their fleet operations through on-board technology, paperless fuel tax reporting, insurance and fuel purchasing programs.

PacLease provides customized full-service leasing and truck rentals for customers in a wide variety of industries. To learn more about PacLease programs contact a local PacLease location or visit www.paclease.com.

About PacLease and PACCAR

PACCAR Leasing Company (PacLease) is one of the fastest-growing, most innovative commercial truck leasing companies in the transportation industry. PacLease has independent and company-owned full-service leasing locations throughout the United States, Canada, Mexico and Germany. PacLease provides customized full-service lease, rental and contract maintenance programs designed to meet the specific needs of customers. A combination of reliable, custom-built trucks and complete service offerings allows customers to maximize the value of their transportation resources.

About PACCAR Leasing

PACCAR Leasing is a part of the financial services group of PACCAR Inc, a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR shares are traded on the Nasdaq Stock Market, symbol PCAR, and its homepage can be found at www.paccar.com.